$1,395,000
40 Lexington Avenue NW
Grand Rapids, MI 49504
MLS# 26019796


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Property Description
One of the most distinctive residential multi-family properties in the city, this meticulously renovated historic firehouse seamlessly blends character, charm, and modern opportunity. Originally home to GRFD Engine No. 8 in the early 1900s, the property's rich history is beautifully preserved through thoughtful design elements, including exposed brick, oversized arched windows, and even a firepole in the welcoming foyer. Perfectly positioned just moments from the city's exciting new soccer stadium and amphitheater, the location adds another layer of appeal for both residents and investors alike. Beyond its architectural significance, this property stands out as a compelling investment, offering highly sought-after amenities such as five garage parking spaces, four additional exterior spots, and multiple inviting outdoor areas--from a quaint upper deck off the primary unit to a private, well-manicured yard with patio. The building features three distinct units, with the potential

Details
Maps
Location & Property Info
Cross Streets: Veto
Property Sub-Type: 2 to 4 Units
Municipality: City of Grand Rapids
Office/Contract Info
Auction or For Sale: For Sale
General Property Info
New Construction: No
Lot Dimensions: 66x132
Road Frontage: 66
Cert of Compliance: Yes
Waterfront: No
Basement: No
Total # Units: 3
# of Diff Unit Floor Plans: 3
Total # Bldgs: 1
Total Parking Spaces: 11
School District: Grand Rapids
Lot Measurement: Acres
Lot Square Footage: 8712
Lot Acres: 0.2
Year Built: 1927
Tax Info
Taxable Value: 248926
SEV: 266900
For Tax Year: 2026
Seller's Annual Property Tax: 12515.56
Tax Year: 2025
Homestead %: 0
Spec Assessment & Ty: n/a
Zoning: res improved
Tax ID #: 41-13-25-162-011
Remarks & Misc
Public Remarks: One of the most distinctive residential multi-family properties in the city, this meticulously renovated historic firehouse seamlessly blends character, charm, and modern opportunity. Originally home to GRFD Engine No. 8 in the early 1900s, the property's rich history is beautifully preserved through thoughtful design elements, including exposed brick, oversized arched windows, and even a firepole in the welcoming foyer. Perfectly positioned just moments from the city's exciting new soccer stadium and amphitheater, the location adds another layer of appeal for both residents and investors alike. Beyond its architectural significance, this property stands out as a compelling investment, offering highly sought-after amenities such as five garage parking spaces, four additional exterior spots, and multiple inviting outdoor areas--from a quaint upper deck off the primary unit to a private, well-manicured yard with patio. The building features three distinct units, with the potential
Street Type
Paved: 1
Public: 1
Util Avail at Street
Cable Available: 1
Electricity Available: 1
Natural Gas Available: 1
Public Sewer: 1
Public Water: 1
Utilities Attached
Cable Connected: 1
Electricity Connected: 1
Natural Gas Connected: 1
Sewer
Public Sewer: 1
Water
Public Water: 1
Terms Available
Cash: 1
Conventional: 1
Laundry Features
Common Area: 1
Exterior Material
Brick: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Heat Type
Forced Air: 1
Air Conditioning
Central Air: 1
Access Feat
Accessibility Features: No
Tenant Pays
Electric: 1
Gas: 1
Trash: 1
Driveway
Paved: 1
Substructure
Slab: 1
Extras
Garages: 1
Owner Pays
Sewer: 1
Water: 1
Unit 1
Unit #: 1
Unit Description: Upper 2 bed, Primary
SqFt: 1735
Occupied: No
Monthly Rent: 0
Bedrooms: 2
Bathrooms: 2
Full Baths: 2
Central Air: 1
Deck/Patio: 1
Dishwasher: 1
Garage: 1
Refrigerator: 1
Washer/Dryer: 1
Unit 2
Unit #: 2
Unit Description: Main Level 1 Bed
SqFt: 820
Occupied: Yes
Monthly Rent: 1500
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Central Air: 1
Deck/Patio: 1
Dishwasher: 1
Garage: 1
Range/Oven: 1
Refrigerator: 1
Washer/Dryer: 1
Unit 3
Unit #: 3
Unit Description: Upper 1 Bedroom
SqFt: 550
Occupied: Yes
Monthly Rent: 1500
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Range/Oven: 1
Deck/Patio: 1
Dishwasher: 1
Garage: 1
Refrigerator: 1
Possession
Close Of Escrow: 1
Subject To Tenant Rights: 1
Location Property Info
County: Kent
Street #: 40
Street Name: Lexington
Suffix: Avenue
Post Direction: NW
State: MI
Zip Code: 49504
OfficeContract Info
Status: Active
Current Price: $1,395,000
List Price: $1,395,000
Listing Date: 2026-05-04
Property Features
Laundry Features: Common Area
Exterior Material: Brick
Substructure: Slab
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected
Util Avail at Street: Cable Available; Electricity Available; Natural Gas Available; Public Sewer; Public Water
Extras: Garages
Owner Pays: Sewer; Water
Tenant Pays: Electric; Gas; Trash
Heat Source: Natural Gas
Heat Type: Forced Air
Air Conditioning: Central Air
Driveway: Paved
Street Type: Paved; Public
Terms Available: Cash; Conventional
Possession: Close Of Escrow; Subject To Tenant Rights
Sale Conditions: None
Unit 1: Central Air; Deck/Patio; Dishwasher; Garage; Refrigerator; Washer/Dryer
Unit 2: Central Air; Deck/Patio; Dishwasher; Garage; Range/Oven; Refrigerator; Washer/Dryer
Unit 3: Range/Oven; Deck/Patio; Dishwasher; Garage; Refrigerator
Supplements
to convert part of the expansive garage into a fourth. The upper primary unit is a showpiece, complete with elevator access, two bedrooms, two full baths, in-unit laundry, and stunning historic details throughout. The lower one-bedroom unit boasts a recently renovated kitchen highlighted by a striking live-edge island, a full bath, and direct patio access. Perched above, the charming "Hayloft" unit offers a cozy one-bedroom, one-bath layout with breathtaking floor-to-ceiling windows that flood the space with natural light. The one-bedroom units share a conveniently located laundry area within the garage, which doubles as a recreational space with a pickleball court--perfect for enthusiasts. Rarely does a property combine history, versatility, location, and income potential so effortlessly. Opportunities like this are hard to come by--schedule your private tour today.

IDX
Listing Office: Weichert REALTORS Plat (Main)
Listing Agent: Jason C VanAssen

Last Updated: May - 04 - 2026

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